Riverside Resources (TSE:RRI) has released an update.
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Riverside Resources Inc. has significantly expanded its foothold in the copper market by acquiring the Maria Luisa Copper Property in Sonora, Mexico, which complements their Ariel Copper Project. This strategic move consolidates a total of 16 square kilometers of copper-rich land, including a high-quality, undrilled drill target close to Mexico’s second-largest copper mine. The company has effectively navigated the transaction, resolving tax issues and securing full control with updated drilling permits, positioning itself for a promising second half of 2024.
For further insights into TSE:RRI stock, check out TipRanks’ Stock Analysis page.
